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    Reference: 20210026
    Release date: 3 November 2021

    Promoter – Financial Intermediary

    TAURON POLSKA ENERGIA SA

    Location

    Description

    The programme concerns investment schemes in the electricity distribution network in South and South-Western Poland over the period 2022-2026. The programme includes network reinforcements and refurbishments in high and medium-voltage networks and the connection of new customers in medium and low-voltage networks. The programme also includes components for the digitalisation and automation of the network.

    Objectives

    The programme will allow the Promoter to connect new users, including renewable generation, as well as to maintain or improve the reliability and quality standards of electricity supply.

    Sector(s)

    • Energy - Electricity, gas, steam and air conditioning supply

    Proposed EIB finance (Approximate amount)

    PLN 2800 million (EUR 615 million)

    Total cost (Approximate amount)

    PLN 4003 million (EUR 880 million)

    Environmental aspects

    Some Programme schemes may fall under Annex II of Directive 2014/52/EU, amending the EIA Directive 2011/92/EU thus requiring a review by the competent authorities at the planning/consent stage with due regard to the necessity for environmental and biodiversity impact and appropriate assessments.

    Procurement

    The Bank will require the Promoter to ensure that contracts for implementation of the project have been and shall be tendered in accordance with the applicable EU procurement legislation, Directive 2014/25/EU as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

    Status

    Signed - 29/10/2021

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Poland Energy